Average Rent in New Bedford, MA
The Fair Market Rent for a 2-bedroom in New Bedford, MA is $1,527 per month, based on HUD data. With a median household income of $85,646, a household would spend 21.4% of income on housing at Fair Market Rent. Rent has increased 4.4% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,203 |
| 1 Bedroom | $1,230 |
| 2 Bedroom | $1,527 |
| 3 Bedroom | $1,831 |
| 4 Bedroom | $2,289 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $85,646 |
| Rent Burden (2BR FMR / Income) | 21.4% |
| Income Needed for 2BR (30% rule) | $61,080/yr |